Like a good actor, Georgia can swiftly change appearance without even leaving the stage. On May 25th it presented its ugly face, as a few hundred stick-wielding protesters led by Nino Burjanadze, a former speaker of parliament, clashed with police, who dispersed them with tear gas and rubber bullets. This was the Georgia of old, [...]
The Council on Foreign Relations reports that the United States could quite possibly be making headway into possible talks between North and South Korea, based on information from the State Department. At a State Department briefing earlier this week, the spokesman stated that U.S. Special Envoy for Human Rights in North Korea Ambassador Robert King may be [...]
The team at 1minutetosavetheworld have published a blog documenting the follow-up from South Korea’s Lee Myung-bak administration last year setting an ambitious goal to cut greenhouse gas emissions by 30 percent below “business-as-usual” projections through 2020 under its low-carbon, green growth vision. Shin Hyon-hee documents in the Korea Herald that the voluntary target, announced on the [...]
Robert Amsterdam’s speech on corporate foreign policy in Helsinki, Finland.
An interesting article from the Economist on one of the global economies’ brightest emerging regions, and how it is being hit by the economic crisis harder than most assume. East Asia was once one of the world economy’s brightest regions. Some even reckoned that “decoupling” might allow the region to ride out the storm that [...]
Emerging-market stocks fell the most in three months, led by Eastern European mining and financial companies, as commodities tumbled and concern deepened the region’s deteriorating economies.OAO GMK Norilsk Nickel, Russia’s biggest metals company, dropped 15 percent as nickel and copper sank. Bank Pekao SA, Poland’s largest lender, and OTP Bank Nyrt., Hungary’s largest bank, led Eastern European [...]
It has been reported that over the next ten years, Japan, the world’s third-largest nuclear power generator, aims to build another 13 reactors. In a bid to compete for uranium supplies with the world’s two fastest growing economies, China and India, Japanese energy companies are moving to further acquire interests in uranium mines. Depressed share prices [...]
Twenty years after the Soviet Union’s collapse, Kazakhstan joins Russia, Belarus and the Ukraine in abandoning its attempts to prop up exchange rates. Kazakhstan’s economic growth has screeched to a near halt – down to 1 percent from 10 percent, their central bank devaluing the tenge by 18 percent and their four biggest banks being [...]